v3.24.3
Goodwill and Intangible Assets, Net (Tables)
 9 Months Ended
Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The changes in goodwill by reportable segment are outlined below (in thousands):
Alarm.comOtherTotal
Balance as of January 1, 2024
$154,498 $— $154,498 
Foreign currency translation adjustment 171 — 171 
Balance as of September 30, 2024$154,669 $— $154,669 
Schedule of Intangible Assets
The following table reflects changes in the net carrying amount of the components of intangible assets (in thousands):
Customer
Relationships		Developed
Technology		Trade NameCapitalized Software Development Costs
Other
Total
Balance as of January 1, 2024
$39,294 $37,174 $1,217 $879 $— $78,564 
Intangible assets acquired— — — — 46 46 
Capitalized software development costs — — — 1,260 — 1,260 
Amortization(7,131)(5,956)(599)(140)— (13,826)
Balance as of September 30, 2024$32,163 $31,218 $618 $1,999 $46 $66,044 
The following tables reflect the weighted average remaining life and carrying value of finite-lived intangible assets (in thousands, except weighted-average remaining life):
 September 30, 2024
 Gross
Carrying
Amount		Accumulated
Amortization		Net
Carrying
Value		Weighted-
Average
Remaining Life
(in years)
Customer relationships$128,280 $(96,117)$32,163 5.5
Developed technology69,731 (38,513)31,218 4.0
Trade name4,474 (3,856)618 2.9
Capitalized software development costs2,142 (143)1,999 3.5
Other
46 — 46 5.0
Total intangible assets$204,673 $(138,629)$66,044 4.7
 December 31, 2023
 Gross
Carrying
Amount		Accumulated
Amortization		Net
Carrying
Value		Weighted-
Average
Remaining Life
(in years)
Customer relationships$128,280 $(88,986)$39,294 6.2
Developed technology70,061 (32,887)37,174 4.7
Trade name4,474 (3,257)1,217 2.6
Capitalized software development costs882 (3)879 3.3
Total intangible assets$203,697 $(125,133)$78,564 5.4